Monarch Gold Mining Company Announces Advancing at Mt Magnet
Monarch Gold Mining Company announced it has hit the ground running at the Mount Magnet Project, with early optimisation studies delivering positive results for open cut and underground operations. The Company reported at A$1,000/oz and using current costs, resources modelled returned positive cashflows of $111.8m; and an exploration program is in place to expand gold resources, and investigate iron ore potential.
Original Announcement: Monarch Advancing at Mt Magnet
